Hints and tips:
...“Companies view audit fees as a compliance cost, rather than a value-add,” said Jeffrey Johanns, a former Big Four audit partner who teaches accounting at the University of Texas at Austin....
...Jimmy Page of Led Zeppelin has a notable number of paintings, as did the late Genesis P-Orridge – founder of industrial sound provocateurs Throbbing Gristle....
...Tuesday’s share price drop extended the plunge in the Austin-based carmaker’s stock this year to 33 per cent, making it one of the worst performers in the S&P 500 with a trajectory that continues to diverge...
...The slowdown has sent Tesla’s shares down 31 per cent this year, making it the second-worst performer on the S&P 500....
...The allies also plan to use advanced AI algorithms on P-8 surveillance aircraft to increase their anti-submarine warfare capabilities....
...Aukus: US defence secretary Lloyd Austin and his Australian and UK counterparts provide updates on the three nations’ security agreement....
...Map of the day Anchored 200km from Rio de Janeiro is the P-71 floating production unit, one of the newest offshore oil platforms transforming Brazil into a global energy power....
...“I overcame my lack of an engineering aptitude by being highly motivated, creative and a risk-taker,” he told students at the University of Texas, in Austin....
...Here’s what else I’m keeping tabs on today: Manufacturing: S&P Global publishes its manufacturing purchasing managers’ indices for the EU, UK and US while the US Institute for Supply Management publishes...
...Separately, S&P releases its final reading of manufacturing PMI for February....
...Economic data: S&P Global releases its early purchasing managers’ indices for April manufacturing and services activity....
...Here is the performance of the S&P 500 banking sector, and the somewhat broader KBW Nasdaq Bank index, against the S&P 500 from October 2002 (the bottom of the dotcom bust bear market) until year end 2021...
...US stocks stabilise after inflation data Despite falling as much as 1 per cent after the release of January inflation data, the S&P 500 closed yesterday’s session flat....
...US defence secretary Lloyd Austin had been hoping to meet Li Shangfu, China’s new defence minister, at the event but Beijing has rebuffed his overtures as relations are fraught — Washington hit Li with sanctions...
...Despite a sell-off in technology stocks last year and UK market rally, the FTSE 100 trades at a much lower valuation relative to company profits than Germany’s DAX or the S&P 500 in the US....
...The S&P Global Luxury index is down by about 30 per cent this year....
...The blue-chip S&P 500 ended the day up 2 per cent to end a six-session losing streak. The tech-heavy Nasdaq Composite rose 2.1 per cent....
...In July, the S&P Case-Shiller index, which measures house prices in 20 US cities, recorded its first monthly decline in a decade, dropping by 0.44 per cent....
...US defence secretary Lloyd Austin to deliver opening remarks at 1000, closing press conference at 1630....
...Lazard is assembling a team of six specialist bankers to be based in Los Angeles and Austin, according to a memo seen by the Financial Times. 5....
...While some Chinese officials had denied there was an incident involving the Australian P-8 aircraft, General He said “outside powers have no business flying over our territorial waters”....
...EU, January retail sales data Johan Svanström becomes Rightmove chief executive, succeeding Peter Brooks-Johnson who retires South Korea, February consumer price index (CPI) inflation rate data UK: S&P...
...The championship puzzle’s constructor, Kameron Austin Collins, took the stage to great applause and addressed his future solvers with a single word: “Sorry.”...
...Futures contracts tracking Wall Street’s S&P 500 fell 0.5 per cent ahead of the New York open....
...Suddenly, Austin looks like New York. Charlotte (or Boulder, Colorado, or Rapid City, South Dakota) looks like Austin. And the Catskills look like the Hamptons. Will the changes last?...
International Edition